Nonprofit · EIN 99-0341641
FORSHANG WORLD FOUNDATION
Tax-exempt · HONOLULU, HI 96817
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $38,193 | $36,532 | $1,661 | $11,819 | $0 | $11,819 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $38,190
- Program service revenue
- $0
- Investment income
- $3
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,052
- Depreciation
- $21
- Program services (functional)
- $36,532
Balance sheet and other
- Total assets, start of year
- $10,158
- Total assets, end of year
- $11,819
- Total liabilities, end of year
- $0
- Net assets, end of year
- $11,819
- Land, buildings and equipment
- $4
- Net assets without donor restrictions
- $11,819
- Gross receipts
- $38,193
- Employees
- 0
- Year formed
- 1999
- State of legal domicile
- HI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHENG-HSIEN LEE | DIRECTOR/PRESIDENT Trustee or director | – | $0 |
| PEI-FEN CHOU | DIRECTOR/TREASURER Trustee or director | – | $0 |
| MEI-TING LUI | DIRECTOR Trustee or director | – | $0 |
| DAVID TSENG | DIRECTOR/SECRETARY Trustee or director | 10 | $0 |
| JANE LIN TSENG | DIRECTOR Trustee or director | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 2616 PALI HWY, HONOLULU, HI 96817-1426
- Mailing address (990-N for 2025)
- 2616 PALI HWY, HONOLULU HI 96817
- Principal officer (990 for 2023)
- DAVID TSENG, 2616 PALI HIGHWAY, HONOLULU, HI 96817
- Principal officer (990-N for 2025)
- David Tseng, 2616 PALI HWY, HONOLULU HI 96817
- Signed the 990
- DAVID TSENG, DIRECTORSECRETARY
- Phone
- (808) 595-8297
- Return prepared by
- WACHI & WATANABE CPA INC
Mission
FORSHANG WORLD FOUNDATION IS COMMITTED TO SPREADING THE KNOWLEDGE AND NATURE OF BUDDHA. FORSHANG WORLD FOUNDATION IS ALSO ENGAGED IN VARIOUS ACTIVITIES TO PROMOTE CULTURAL STUDIES, EDUCATION, CHINESE CULTURE, BUDDHISM CULTURE, AND INTERNATIONAL CULTURAL EXCHANGE.
Program accomplishments
- SPIRITUAL MEETING - FORSHANG SECT SUPREME HUA-YUAN SPIRITUAL MEETINGS IS THE MAJOR ACTIVITY OF THE ORGANIZATION. ITS PURPOSE IS TO PROMOTE THE TEACHINGS OF FORSHANG BUDDHISM TO THE PEOPLE IN HAWAII AND THE UNITED STATES.Expenses $134
- DONATIONS TO FUND THE CONSTRUCTION OF BUDDHIST TEMPLES AND STATUES - FORSHANG WORLD FOUNDATION HAS RAISED SUPPORT FOR THE CONSTRUCTION OF TEMPLES AND STATUES, SUCH AS THE THOUSAND HANDS AND THOUSAND EYES GUAN YIN BODHISATTVA STATUE, WHICH IS CURRENTLY UNDER CONSTRUCTION IN THE YUAN DAO KUAN YIN TEMPLE.Expenses $36,398 · revenue $37,640
What it must file and when
IRS records say it files Not required (church). Churches are not required to file. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 99-0341641
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Church
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Not required (church)
- Category (NTEE)
- Religion-related (X50)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: David Tseng | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2024 Officer: David Tseng | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2023 | $38,193 | $36,532 | $11,819 | XML |
| 990 | December 2022 | $92,878 | $90,749 | $10,158 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: DAVID TSENG | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: DAVID TSENG | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 99-0341641).
Questions about FORSHANG WORLD FOUNDATION
- What is the EIN of FORSHANG WORLD FOUNDATION?
- The employer identification number (EIN) of FORSHANG WORLD FOUNDATION is 99-0341641.
- Is FORSHANG WORLD FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to FORSHANG WORLD FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FORSHANG WORLD FOUNDATION file?
- Form Not required (church). Churches are not required to file.
- When is the next return of FORSHANG WORLD FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FORSHANG WORLD FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of FORSHANG WORLD FOUNDATION?
- The 990 for the year ended December 31, 2023 names DAVID TSENG.
- Who are the officers and directors of FORSHANG WORLD FOUNDATION?
- The 990 for the year ended December 31, 2023 lists 5 people; 0 received compensation from the organization.
- How much revenue does FORSHANG WORLD FOUNDATION have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $38,193, expenses of $36,532 and total assets of $11,819 at year end.
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